Question
Ahmed Company current year results: Year-over-year the company had a stable gross profit margin and an increase in its operating income margin . Which of
Ahmed Company current year results: Year-over-year the company had a stable gross profit margin and an increase in its operating income margin. Which of the following reasons best explains why this happened.
| a. | Decreased earnings per share | |
| b. | Decreased preferred dividends | |
| c. | Increased cost of sales | |
| d. | Decreased operating expenses: S,G &A | |
| e. | Increased sales |
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Accounting And Finance An Introduction
Authors: Eddie McLaney
7th Edition
2309903011, 9781292012650
